Bond yields no curve ball

How threatening are rising bond yields to the US and Australian economies?

Talk of a QE tapering by the US Federal Reserve has seen US bond yields rise from a low point of about 1.62% in May to about 2.47% now - 2.7% at the peak. You can see from the chart that we haven’t seen rates like this for some time - two years to be exact. 

Graph for Bond yields no curve ball


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